NORWOOD HEALTHCARE — financial and operating metrics

CCN 225343, NORWOOD, MA · Medicare cost reports, FY2022–FY2024

Unverified figures. Metrics marked unverified are derived from cost-report coordinates that have not yet been reconciled against audited financial statements. We show you which, rather than hiding it.

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MetricFY2022FY2023FY2024
Total facility bedsunverified170170170
Total bed days availableunverified62,05062,05062,220
Total inpatient daysunverified43,20640,54240,109
Total patient revenue (gross charges)unverified$21,548,449$21,512,428$21,993,029
Contractual allowances and discountsunverified$10,732,645$8,559,632$7,830,351
Net patient revenueunverified$10,815,804$12,952,796$14,162,678
Total operating expensesunverified$12,972,164$13,746,130$14,121,575
Net income from service to patientsunverified$-2,156,360$-793,334$41,103
Net income (loss) for the periodunverified$-1,525,117$-734,680$41,103
Operating marginunverified-19.9%-6.1%0.3%
Occupancy rateunverified69.6%65.3%64.5%
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